Who is required to hold a license under Virginia law?
Under the Virginia Code, any company engaged in common interest community management services must be licensed to do Virginia. A company or firm is defined as any sole proprietorship, association, partnership, corporation, Limited Liability Company, limited liability partnership or any other form of business organization recognized under the laws of Virginia. Who is not covered by the license law? Any person performing community management services as an unpaid volunteer, employee of a licensed manager, a direct employee of an association, a receiver or trustee in a bankruptcy proceeding, an attorney or accountant providing professional services related to their field, timeshare agents/exchange companies. The complete list of exemptions may be found under section 54.1-2347 of the Act. What does Virginia consider management services for the purposes of licensing? According to the law, “management services” means any of the following activities: • Acting with the authority of an associat
